Financial Planning and Analysis Manager

Who We Are

ThirdLove disrupted the lingerie industry by empowering women to find their perfect fit online with our innovative Fitting Room® quiz and is one of the original brands to operate 100% direct-to-consumer. All design and R&D is done in-house, and our extensive and complex supply chain is fully managed by our team. Inclusivity is at the core of who we are and how we serve our customers and build our teams.

Traditionally, women were given a choice between two options when it came to their bras and underwear: Be sexy, or be comfortable. Our Cofounders: Dave Spector, Heidi Zak, and Ra’el Cohen, thought that was outdated too — so, in 2013,  they created ThirdLove — a third, better option, which doesn’t force us to choose between being sexy or comfortable. 

What Our Team Embodies

Our culture is collaborative, fast-paced, and data-driven, and we were most recently recognized with the Great Place to Work certification. This recognition is given to a very small percentage of companies who apply for it and determined by employees’ real-time reports of their company culture. Earning this designation demonstrates to us that our team at ThirdLove is  inspired by our mission, engaged in their everyday work, and enjoy partnering with our teammates and customers. If you want to impact millions of people, find your fit, and propel your career forward, we’d love to hear from you.

What We Are Looking For

As the FP&A Manager, you will be a trusted partner to the business supporting department leaders and senior management with financial planning and analytics. You will play a key role in optimizing revenue and  cost drivers and identifying opportunities for operational efficiencies and cost-savings that will shape ThirdLove’s growth and profitability. You will collaborate closely with cross-functional leaders in developing budgets/forecasts and monitoring performance, as well as provide analytical support for decision making.

This is a role with a lot of white space to make a difference. You are excited about leveraging analytics to drive change and improvement. You thrive in dynamic and collaborative environments where you work well with cross-functional partners to make data-driven decisions in a rapidly evolving business.

What You Will Own And How You Will Make A Difference 

Responsibilities include:

• Budgeting/Forecasting and Variance Analysis

• Provide timely and accurate financial planning and projections to support decision making and resource allocation across the company

• Develop and manage long-range planning and annual budget process, ensuring alignment with strategic objectives and operational plans across department leaders and senior management. Collaborate with department leaders in developing bottom-up budgets based on departmental KPIs and goals.

• Develop and manage monthly forecasting process with department leaders; gather, develop, and update forecast assumptions/inputs based on performance trends and/or business changes 

• Consolidate budgets/forecasts and perform scenario planning and analysis to evaluate risks and opportunities

• Manage communications and reporting with key stakeholders to align on company initiatives and to ensure budgets/forecasts are in line with overall business goals and strategic objectives

• Monitor actuals compared to budgets/forecasts, perform variance analysis, analyze financial performance, and identify trends and opportunities for improvement

• Prepare monthly/quarterly management reports for senior management/board and present key findings, risks, and opportunities to guide decision making; prepare monthly budget vs. actual reporting to key stakeholders 

• Identify and implement opportunities to optimize and improve budgeting/forecasting processes and reporting: streamline financial planning processes, improve forecasting accuracy, and implement best practices to drive productivity

• Operational KPI Management

• Collaborate with department leaders toIdentify and monitor operational KPIs for key areas of the business. Ensure KPIs align with overall company strategic objectives and operational plans.

• Analyze key trends on KPIs, identify risks, and provide recommendations to optimize performance 

• Build dashboards/reporting for key stakeholders for KPI tracking

• Develop strong partnership with department leaders to understand key drivers and trends for their respective businesses. Perform financial analysis to support decision making.

• Assist department leaders in metrics reporting in periodic business reviews; communicate financial results, key trends and insights, and assess current and future business risks and opportunities

• Financial Modeling and Analysis

• Build and maintain financial models to evaluate business scenarios, including scenario planning across P&L, Balance Sheet, and Cash Flow, financial ratio analysis, ROI and cost/benefit analysis for investment opportunities, and sensitivity analysis

• Evaluate new business opportunities through unit economics and margin analysis

• Month-End Close Support

• Collaborate closely with Accounting on month-end close processes, including accrual and accounting estimates input/review

• Review financial statement accuracy and identify/analyze key variances to budget/forecast

• Investor Relations & Compliance

• Develop supporting financial materials for investors and board decks

• Prepare periodic debt compliance reporting and analysis

Who You Are

1. 5+ years of progressive financial analysis experience in prior analytical roles (i.e. finance/FP&A, investment banking, consulting etc.)

2. Bachelor’s Degree in Finance, Business, Economics or related analytical field is required; a Master’s degree or CPA qualification is a plus

3. Advanced skills in Excel & PowerPoint; experience with NetSuite and Looker is highly preferred

4. Highly analytical, with strong attention to detail and ability to synthesize complex financial information into actionable and impactful recommendations

5. Strong business acumen with ability to identify problems, propose solutions, and independently partner with key stakeholders to implement solutions

6. Effective communicator with ability to communicate with all levels of organization and present to senior management

7. Self-starter and team player who can work both independently and collaboratively with others cross-functionally

8. Curious and innovative individual with a positive attitude and hands-on mentality

9. Ability to thrive in a fast-paced, start-up environment; ability to multitask and manage multiple priorities

10. Related industry experience in ecommerce, retail, and/or wholesale is highly preferred

Value Driven Behaviors:

This section outlines the non-negotiable value driven behaviors that exist within ThirdLove. Every employee will be expected to contribute & maintain this to add value to our culture.

• DEFY CONVENTIONS: Stay curious and courageous. Take risks to drive innovation.

• EVERYDAY IS A NEW DAY: Be adaptable and resilient. Approach new situations with a positive mindset.

• MAKE IT HAPPEN: Take ownership and act with urgency. Execute with grit and focus.

• PUT CUSTOMERS FIRST: Listen with empathy and communicate clearly, always with a customer focus.

WE’RE STRONGER TOGETHER: Efficiently cross-functionally collaborate & champion diversity, equity, and inclusion.

Physical Demands

• Stand or Sit : Must be able to remain in a stationary position approximately 60% of the time

• Use hands/fingers to handle or feel: Constantly operate a computer and other office productivity machinery, such as a calculator, copy machine, computer, printer, etc.

• See: The ability to observe details at close range like digital writing (within a few feet of the observer).

• Talk & Speak clearly: The ability to verbally communicate information and ideas so others will understand. Must be able to exchange accurate information in these situations, many of these interactions can be online and will require verbal exchanges.

• Hear & Verbal Comprehension: The ability to listen to what other colleagues verbally express and understand the information that has been provided.

• Walk:The person in this position needs to occasionally move about inside the office to access file cabinets, office machinery, etc.

• Thought Processing: be able to make logical connections between thoughts and/or actions. Be able to understand their relevance to achieve a goal or keep the thread of conversation.

ThirdLove Offers You

• Competitive salary + equity
• Medical/Dental/Vision insurance
• Paid parental leave
• Flex time off
• Discounted and free products

Diversity

ThirdLove is an equal opportunity employer and values diversity at the company. We do not discriminate on the basis of race, religion, color, national origin, gender, gender identity or expression, sexual orientation, age, genetics, marital status, veteran status, or disability status.

ThirdLove is an E-Verify employer and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. For more information please visit E-Verify.